Mixed-Use Property with
7409 13th Avenue, Brooklyn, NY 11228
For Sale
$1,450,000
The residential unit has two bedrooms and two bathrooms, alongside separate boilers and a shared driveway.
Property Size2,240 SF
Price / SF$647.32
Days on Market104
Property Features for 7409 13th Avenue
General Information
Standard status
Size
Property subtype
Net Operating Income
Additional Details
Mixed-Use Components
Taxes and HOA fees
Annual Taxes
Amenities
separate boilers
community driveway
110 V
Hardwood, Tile
2
Full
Poured Concrete
Masonry
Brick
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Tiger Realty
Listed By:
Hui (Sam) Chen · License #HC3850
(917) 708-9966
Source:
Compass
Added: Jul 28
Changed: Nov 7
Last Checked: Nov 7 at 4:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tiger Realty
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Investment Insights
Based on property information with market context.
This 2,240-square-foot mixed-use property combines a commercial storefront with a one-family residence. The residential unit includes two bedrooms and two bathrooms. Separate boilers and access to a community driveway are additional property features. The building dates to 1931.
Located on 13th Avenue in Brooklyn, the property is near shopping, restaurants, schools, and public transportation.
Located on 13th Avenue in Brooklyn, the property is near shopping, restaurants, schools, and public transportation.
Key Highlights
- 2,240‑square‑foot mixed‑use property with one commercial store and one residential family unit
- Residential unit has 2 bedrooms and 2 bathrooms
- Separate boilers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,418
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,148,360
$2.1M
Cap Rate 7%
$1,534,543
$1.5M
Cap Rate 9%
$1,193,533
$1.2M
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$174.2K $77.76/SF
− Vacancy
−$20.7K −$9.25/SF
EGI
$153.5K $68.51/SF
− OpEx
−$46.0K −$20.55/SF
NOI
$107.4K $47.95/SF
Area
Brooklyn, NY
Vacancy
11.90%
Lease Rate
$77.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,148,360
Cap Rate 7%
$1,534,543
Cap Rate 9%
$1,193,533
Alternative Uses
Best Use
Retail
$1.53M
$1.34M – $1.79M
NOI $107,418 @ 7.0% cap · market cap 7.41%
Second Best
Mixed Use
$1.16M
$1.02M – $1.36M
NOI $81,312 @ 7.0% cap · market cap 5.61%
Theoretical Best
Specialty Retail
$1.85M
$1.62M – $2.16M
NOI $129,830 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,079
Businesses Nearby
96k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 31%
Groceries 28%
Burger King
Dining
18,603 visits/mo
0.5 miles
7-Eleven
Shops & Services
15,958 visits/mo
0.5 miles
Key Food
Groceries
15,543 visits/mo
0.3 miles
TD Bank
Shops & Services
14,624 visits/mo
0.5 miles
Superfresh
Groceries
11,637 visits/mo
0.2 miles
Demographics for 11228, NY
45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The residential unit has two bedrooms and two bathrooms, alongside separate boilers and a shared driveway.
Where is this mixed-use property located?
The property is located at 7409 13th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 2,240‑square‑foot mixed‑use property with one commercial store and one residential family unit; Residential unit has 2 bedrooms and 2 bathrooms; Separate boilers
